**IBM Acquires Hakkoda to Enhance Data Capabilities for AI Transformation**

IBM announced the acquisition of Hakkoda Inc., a global data and AI consultancy, to strengthen its data transformation services and better support clients in preparing their data for AI-driven operations. Hakkoda brings expertise in data migration, modernization, and monetization, along with a strong partnership with Snowflake and AWS. Known for its industry-specific generative AI tools, Hakkoda enhances IBM Consulting's capacity to deliver efficient, multi-use case data solutions across sectors such as financial services, healthcare, and the public sector. The deal, finalized on April 2, 2025, is expected to help IBM meet rising global demand for enterprise intelligence services, a market projected to grow to over $243 billion by 2028. Financial terms were not disclosed.